When should a writer hire a CPA?

April 5th, 2013 → 4:01 pm @ Carol

Carol,

When do I need to hire a CPA, like yourself?

 

Good question! Here are a few times when the expertise of a CPA (Certified Public Accountant ) can help a writer.

• You receive a letter from the IRS or state department of taxation
• You hire an employee
• You hate record keeping and want someone else to do it
• You know there are more tax deductions that you could be taking
• Tax forms confuse you
• You hate tax preparation and want someone else to do it
• When you need help setting up a record keeping system
• When you need to be trained in QuickBooks
• You need advice on the pros and cons of Limited Liability Company (LLC) status
• You have heard that you can reduce your income tax by forming a corporation
• A friend is audited for something that you have been doing for years.

You can learn a lot from reading my book Business Tips and Taxes for Writers

or arrange a telephone consultation

or schedule me to speak to your writers group (live if you are within 2 hours of Cincinnati, Ohio or via Skype if you are further away).

 

Carol Topp, CPA

 

Tags: CPA, hire a CPA, professional writer, writer, writers